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PREQIN HEDGE FUND PERFORMANCE UPDATE: NOVEMBER 2017 SINGLE-MANAGER HEDGE FUNDS
Nov-17
Oct-17
2017 YTD
12 Months
Hedge Funds
0.40
HF - Equity Strategies HF - Credit Strategies HF - Event Driven Strategies HF - Macro Strategies HF - Multi-Strategy HF - Relative Value Systematic Discretionary Activist Volatility HF - Asia-Pacific HF - Developed Markets HF - North America HF - Europe HF - Emerging Markets HF - JPY HF - USD HF - GBP HF - EUR HF - BRL HF - Emerging* HF - Small HF - Medium HF - Large
0.73 0.26 0.10 0.04 -0.09 -0.29 0.72 0.66 0.57 0.40 1.28 1.27 1.01 -0.39 -0.41 1.78 0.47 -0.47 -0.54 -0.62 0.62 0.09 0.03 -0.64
1.17
9.93
11.08
1.45 0.60 0.42 0.82 1.01 1.06 1.55 0.80 1.05 1.06 2.26 0.94 0.63 0.64 1.19 1.60 0.96 0.79 0.77 0.01 1.12 1.05 0.84 1.14
13.01 7.06 8.62 4.52 9.18 4.40 7.44 10.93 11.88 8.43 16.95 7.83 7.79 7.85 13.36 12.98 10.41 5.17 4.52 12.69 9.48 9.64 8.70 7.86
14.17 8.22 10.77 5.47 10.40 4.83 8.18 12.33 14.03 9.20 16.99 9.21 9.28 9.76 14.14 14.07 11.52 6.09 5.52 14.44 10.66 10.79 10.00 8.84
12M Trend
Source: Preqin Hedge Fund Online
MULTI-MANAGER HEDGE FUNDS Funds of Hedge Funds FOHF - Equity Strategies FOHF - Multi-Strategy FOHF - USD FOHF - EUR Funds of CTAs
Nov-17
Oct-17
2017 YTD
12 Months
0.16 0.34 0.06 0.28 -0.02 -1.10
1.24 1.63 1.14 1.08 1.04 5.76
6.30 10.31 5.43 6.85 4.08 -0.98
7.13 10.86 6.36 7.74 4.84 0.04
12M Trend
Nov-17
Oct-17
2017 YTD
12 Months
Alternative Mutual Funds UCITS UCITS - Relative Value UCITS - Equity Strategies UCITS - Macro Strategies UCITS - USD UCITS - EUR
0.69 -0.31 -0.11 -0.41 -0.69 0.03 -0.46
0.94 0.78 0.35 1.00 1.02 0.86 0.78
6.37 6.00 1.58 10.14 2.96 9.41 4.40
6.91 6.84 1.67 11.12 4.17 9.99 5.31
12M Trend
CTAs Systematic Discretionary CTA - USD CTA - EUR
Nov-17
Oct-17
2017 YTD
12 Months
-0.15 -0.03 -0.71 -0.09 -0.10
2.65 3.42 0.45 2.82 5.14
2.26 1.94 0.13 2.53 4.33
2.90 2.79 0.53 3.03 6.18
Source: Preqin Hedge Fund Online
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Equity strategies enjoyed continued success in November gaining 0.73% and helping to bring the year-todate return to 13.01%. The strategy is currently on track to potentially doubling its 2016 returns (+7.19%).
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JPY-denominated funds outperformed all other major currencies with a monthly return of 1.78% contributing to a year-to-date return of 12.98%. Comparatively, EUR funds performed poorly postive a loss of 0.54% in November, making it the poorest performing top-level currency in 2017 (+4.52%).
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UCITS funds also struggled having posted a November return of -0.31%, the first negative monthly return for the benchmark in 2017, which could interfere with the possibility of achieving their greatest annual return since 2009.
Preqin’s Hedge Fund Online is the leading source of intelligence on the hedge fund industry, and contains performance information for over 17,000 hedge funds across all leading strategies and geographies. For more information, or to arrange a demonstration, please visit: www.preqin.com/hfo
Source: Preqin Hedge Fund Online
CTAs
The Preqin All-Strategies Hedge Fund benchmark generated incremental gains in November of 0.40%, making it the thirteenth consecutive month of positive returns. This has helped increase the year-to-date figure to 9.93%, cementing the expectation that it will be the best annual performance for hedge funds since 2013.
HEDGE FUND ONLINE
Source: Preqin Hedge Fund Online
LIQUID ALTERNATIVES
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12M Trend
Please note, all performance information includes preliminary data for November 2017 based on net returns reported to Preqin in early December 2017. Although stated trends and comparisons are not expected to alter significantly, final benchmark values are subject to change. **Preqin fund size classifications: Emerging (less than $100mn); Small ($100-499mn); Medium ($500-999mn); Large ($1bn plus).
© Preqin Ltd. 2017 / www.preqin.com